EIN 52-1494164

Foundation for Anesthesia Education and Research (FAER)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1986
Most recent tax filings
2022-12-01
Description
The Foundation for Anesthesia Education and Research (FAER) is a 501(c)3 non-profit, and a related organization of the American Society of Anesthesiologists. Its mission is to advance medicine through anesthesia research and education. FAER is committed to ensuring physician anesthesiologists lead medicine into the future through scientific discovery and the creation of new knowledge. It serves to inspire, support and prepare anesthesiologists to advance patient care and improve lives through basic, clinical, translational science and medical education research.
Total revenues
$3,760,818
2022
Total expenses
$4,623,149
2022
Total assets
$29,148,999
2022
Num. employees
0
2022

Program areas at FAER

Mentored Research training grant program offers two-year $250,000 grants for Anesthesia faculty members who have completed their core anesthesiology residencies within the past ten years. The grant program covers health services Research, clinical or translational training grants and basic science.
The medical student Anesthesia Research fellowship summer virtual program provides medical students with an 8-week virtual series of online Anesthesia Research content. The series includes panel presentations, journal clubs on recent literature, and the opportunity to connect with a mentor and other students in small groups.
The Research in Education grant program (reg) offers two-year $100,000 grants for faculty members of any rank. The program is focused on developing innovative techniques for Anesthesia Education. The grant advances the careers and knowledge of anesthesiologists interested in improving the concepts, methods, and techniques of Education in anesthesiology.

Grants made by FAER

GranteeGrant descriptionAmount
Children's Hospital Los Angeles (CHLA)Apsf-Faer-Mrtg-02-15-2021-Tan (Jonathan)$150,000
University of Pennsylvania (Penn)Mrtg-08-15-2020-Mackay (Emily)$125,000
University of Vermont and State Agricultural CollegeMrtg-08-15-2021-Whitaker (Emmett)$125,000
...and 21 more grants made totalling $2,600,000

Who funds Foundation for Anesthesia Education and Research (FAER)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Society of Anesthesiologists (ASA)Operation Support$1,600,000
Society of Academic Associations of Anesthesiology and Perioperative MedicineSupport Research in the Area of Anesthesiology and Perioperative Medicine Education$125,000
Masimo Foundation for Ethics Innovation and Competition in HealthcareGeneral Operations$50,000
...and 12 more grants received

Personnel at FAER

NameTitleCompensation
Matthew J KremkeChief Executive Officer / Executive Director$230,420
Lisa SteiningerChief Financial Officer$0
Denham S. WardPresident Emeritus$70,000
Joy L. HawkinsChair$0
Mary Dale PetersonSecretary and Treasurer$0
...and 4 more key personnel

Financials for FAER

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,073,568
Program services$0
Investment income and dividends$556,555
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$130,695
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,760,818

Form 990s for FAER

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-01990View PDF
2021-122022-09-21990View PDF
2020-122021-10-22990View PDF
2019-122021-02-22990View PDF
2018-122020-01-13990View PDF
...and 9 more Form 990s
Data update history
May 19, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from Masimo Foundation for Ethics Innovation and Competition in Healthcare
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 13, 2024
Updated personnel
Identified 6 new personnel
January 3, 2024
Received grants
Identified 3 new grant, including a grant for $1,600,000 from American Society of Anesthesiologists (ASA)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsHeadquarter / parent organizationsCharities
Issues
HealthCommunity improvementBusiness and industry
Characteristics
Provides grantsConducts researchNational levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1061 American LN
Schaumburg, IL 60173
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
asahq.org/faer 
Phone
(630) 912-2554
Facebook page
FAERinfo 
Twitter profile
@faeranesthesia 
IRS details
EIN
52-1494164
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H03: Medical Research Professional Societies and Associations
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Suspended
FTB status revoked
Not revoked
AG Registration Number
CT0174051
FTB Entity ID
3384298
AB 488 data last updated ("as-of") date
2024-10-16
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